Borrowing Value definition

Borrowing Value means, as of any date, the sum of the products obtained by multiplying (i) the Value of each Portfolio Investment in the Borrowing Base and (ii) the applicable Advance Rate for such Portfolio Investment. With respect to any limitation set forth in Section 5.13 that is based on Borrowing Value, such Borrowing Value shall be determined after giving effect to the portfolio limitations and valuation criteria specified in Section 5.13 (other than any adjustment required pursuant to paragraphs (d), (e) and (h) thereof). For the avoidance of doubt, (a) to avoid double-counting of excess concentrations, any Advance Rate reductions set forth in Section 5.13 shall be without duplication of any other such Advance Rate reductions and (b) to the extent the Borrowing Value is required to be reduced to comply with Section 5.13, the Borrower shall be permitted to choose the Portfolio Investments to be excluded from the Borrowing Value to effect such reduction.

Borrowing Value means, as of any date, the sum of the products obtained by multiplying (i) the Value of each Portfolio Investment in the Borrowing Base and (ii) the applicable Advance Rate for such Portfolio Investment. With respect to any limitation set forth in Section 5.13 that is based on Borrowing Value, such Borrowing Value shall be determined after giving effect to the portfolio limitations and valuation criteria specified in Section 5.13 (other than any adjustment required pursuant to paragraphs (d), (e), (h) and (i) thereof). For the avoidance of doubt, (a) to avoid double-counting of excess concentrations, any Advance Rate reductions set forth in Section 5.13 shall be without duplication of any other such Advance Rate reductions and (b) to the extent the Borrowing Value is required to be reduced to comply with Section 5.13, the Borrower shall be permitted to choose the Portfolio Investments to be excluded from the Borrowing Value to effect such reduction.

Borrowing Value means as of any date of determination, (a) prior to the satisfaction of the Appraisal Condition, (i) the aggregate Adjusted NOI for the Borrowing Base Properties divided by (ii) the Capitalization Rate, and (b) at all times after the initial satisfaction of the Appraisal Condition, the aggregate Appraised Value of the Borrowing Base Properties.

Examples of Borrowing Value in a sentence

• Collateral in accordance with section 11.1 must be provided not later than the time agreed upon for delivery of the relevant Securities Loan at a Borrowing Value equal to and not less than the applicable Collateral Requirement.

• It is the responsibility of the Credit Client to keep itself regularly informed of the Collateral Requirement and Borrowing Value which are from time to time applicable in respect of collateral provided.

• The Borrowing Value shall be the value which PSAB applies from time to time.

• Where the total Borrowing Value of the collateral provided by the Credit Client pursuant to the Credit Agreement is less than the Collateral Requirement, the Credit Client shall, without delay and without demand, provide supplemental collateral sufficient to fulfil the Collateral Requirement.

• If θ = 1, B can either Haircut = 1 − .7 Amount of Borrowing Value of Collateral‌8The binary permission is without loss of generality.

• In the event that the aggregate Borrowing Value of the Pledged Property provided by the BA/IF as collateral is less than the Collateral Requirement as per the preceding paragraph, the BA/IF shall provide additional collateral without delay so that the aggregate Borrowing Value is no longer less than the aggregate Collateral Requirement.

• The term does not include meeting halls, social halls, social rooms, lounges or any other facility not directly related to firefighting or the furnishing of ambulance or rescue services.Final Report--The report to be filed as provided in Section 6 of these Guidelines by the Fire Company or Emergency Medical services detailing the expenditure of the funds granted.

• You can find such package identifier and additional information on each ontology by clicking on the links from the list above.Do not hesitate to contact us if you want your ontology to be shipped with SimPhoNy.

• In the event that the aggregate Borrowing Value of the Pledged Property provided by the BA/IF exceeds the aggregate Collateral Requirement, the BA/IF shall be entitled to recover the Pledged Property so that the aggregate Borrowing Value no longer exceeds the aggregate Collateral Requirement.

• If the total Borrowing Value of the collateral provided by the Client pursuant to the Master Agreement is less than the Collateral Requirement, the Client shall immediately and without request provide additional collateral sufficient to fulfil the Collateral Requirement.

More Definitions of Borrowing Value

Borrowing Value. The value attributed to collateral in accordance with section 3, penultimate paragraph.

Borrowing Value means, with respect to any Asset at any time, an amount equal to 50% of the Fair Market Value of such Asset at such time.

Borrowing Value means, as of any date, the sum of the products obtained by multiplying (i) the Value of each Portfolio Investment in the Borrowing Base and (ii) the applicable Advance Rate for such Portfolio Investment. With respect to any limitation set forth in Section 5.13 that is based on Borrowing Value, such Borrowing Value shall be determined after giving effect to the portfolio limitations and valuation criteria specified in Section 5.13 (other than any adjustment required pursuant to paragraphs (d) and (e) thereof).

Borrowing Value means as of any date of determination, the aggregate Appraised Value of the Borrowing Base Properties.